Crypto Markets See Slight Slump, Ethereum Fails to Hold $300 Support

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Saturday, August 18: crypto markets have seen another slump today, with some coins wavering following weekly gains, according to data from Coinmarketcap. Total market cap has dipped as low as $210 billion at press time.

Market visualization from Coin360

Bitcoin (BTC) is down 1.79 percent over the past 24 hours, trading at $6,396 at press time. With that, the top cryptocurrency has seen an intraday high of $6,562. The coin has lost around 13 percent over the past 30 days, while holding its weekly gains, according to Coinmarketcap.

Bitcoin 30 days price chart. Source: Cointelegraph Bitcoin Price Index

Ethereum (ETH) has failed to hold $300 support, trading at $291 at press time. The major altcoinhas suffered a 3.74 percent loss over a 24 hour period, also having failed to keep momentum over the week with an 11 percent loss in the past 7 days.

Ethereum price chart. Source: Cointelegraph Ethereum Price Index

Total market cap